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re: Another reason why real estate > stock market
Posted on 1/8/14 at 1:38 pm to I Love Bama
Posted on 1/8/14 at 1:38 pm to I Love Bama
quote:
I feel like this is a big misconception. What repairs? I've got good tenants who take care of small shite their self. I'm not going to get a call about a clogged sink.
How about when a tenant finishes their lease and vacates? Do you usually have a do a lot of cleaning/repairs then...like carpets, paint etc? Do you do that yourself or do you contract it out? Also how much security deposit do you take from each renter?
1
Posted on 1/8/14 at 1:59 pm to stendulkar
quote:
Do you usually have a do a lot of cleaning/repairs then...like carpets, paint etc?
I have a checklist I provide each tenant that is leaving.
For example, if I have to clean the refrigerator? $50 is deducted from your security deposit.
Oh, the kitchen isn't swept and mopped? That will be $25. etc....
quote:
Do you do that yourself or do you contract it out?
Both. really depends on if i feel like doing it or not.
quote:
Also how much security deposit do you take from each renter?
One month rent.
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